India's Wonderla Holidays jumps to near 5-mth high after launching fundraise

Wonderla Holidays

04/12/2024 08:20

** Shares of Wonderla Holidays  WOHL.NS  rise 14.7% to 947.4
rupees, their highest since July 9
    ** Amusement parks co opened a qualified institutional
placement (QIP) of shares; sets floor price of 829.74 rupees per
share
    **  Co, at its discretion, may offer up to a 5% discount on
the floor price, it says
    ** WOHL sees busiest day in over a year, with over 1.4 mln 
shares traded
    ** Stock last up 8.8%, reversing its YTD losses to a 6.8%
gain

 (Reporting by Aleef Jahan in Bengaluru)
 ((aleefjahan.cs@thomsonreuters.com))